Guest Posted August 11, 2010 Report Share Posted August 11, 2010 Tim inherited 25% more money from his father than his sister, Jane. He wants to give her some fraction of his money so that both of them end up with exactly the same amount of inheritance. What percentage of his money should John give to Jane? Good Luck Guys Quote Link to comment Share on other sites More sharing options...
0 soop Posted August 11, 2010 Report Share Posted August 11, 2010 Tim inherited 25% more money from his father than his sister, Jane. He wants to give her some fraction of his money so that both of them end up with exactly the same amount of inheritance. What percentage of his money should John give to Jane? Good Luck Guys 12.5%. Am I missing something? Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 Is it roughly 33.4% Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 Suppose he got 10 and she got 8. He should give her 1, and they would both have 9. He should give her 10% of what he got. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) 1/10 is 10% Edited August 11, 2010 by knob Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 There are two possible anwers depending on how you read it One Possibility: If Jane receives x% then Tim receives x+25% x+x+25=100 Jane receives 37.5% Tim receives 62.5% Tim should give 12.5% of the original or 20% of what he received (12.5/62.5*100%=20%) to give them both 50%. Second Possibility If Jane receives x% then Tim receives 1.25x% x+1.25x=100 Jane receives 44.4444444% Tim receives 55.5555555% Tim should give 5.5555555% of the original or 10% of what he received (5.555555/55.55555555*100%=10%) to give them both 50%. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 I don't know about how much John (whoever he is) should give Jane, but Tim wishes to give a tithe to Jane. Let T be the amount Tim inherited and J the amount his sister, Jane, inherited. Let X be the amount Tim wishes to give to Jane. T = (125/100)*J = (5/4)*J (4/5)T = J T - X = J + X X = (T - J)/2 X = (T - (4/5)*T)/2 X = T*(1-(4/5))/2 X = T*(1/10) = T*(10/100) = T*10% The amount should then be 10%. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 10% Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 my answer. John shouldn't give anything to Jane unless she is his wife, in which case he should give her everything... Tim on the other hand should give 10% to make their inheritance even. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) 0% because John is not Jane's brother who wants to split the inheritence... Tim is . But if Tim were to split it, 10% would go to Jane. Edited August 11, 2010 by beanzz Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) Sorry but I could help but answer both because of all the incorrect math around =D. John should not give anything, because Tim is the one that cares. Now if TIM is still going to give her money, he would have to give her 20% of what HE recieved to cause them to have an equal share. tim = 62.5% jill = 37.5% difference = 25% So Tim would need to give Jill 12.5% of the WHOLE which equates to 20% of what HE recieved. The easiest way to see this is to plug in numbers. I used 1000 Tim 625 jill 375 difference 250 250/2 = 125, 625 - 125 = 500, 375 + 125 = 500 Now here is where it gets tricky. You need to know what % 12.5 is of 625 NOT 1000 (reread the question, what % of HIS money) (1000*125)/625 = 20 Edited August 11, 2010 by r1pt1de Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 Who is "John"?? It says time got 25% more than Jane....blah blah....and at the end it says how much would John give Jane.... I'm so confused.... Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 Sorry but I could help but answer both because of all the incorrect math around =D. John should not give anything, because Tim is the one that cares. Now if TIM is still going to give her money, he would have to give her 20% of what HE recieved to cause them to have an equal share. tim = 62.5% jill = 37.5% difference = 25% So Tim would need to give Jill 12.5% of the WHOLE which equates to 20% of what HE recieved. The easiest way to see this is to plug in numbers. I used 1000 Tim 625 jill 375 difference 250 250/2 = 125, 625 - 125 = 500, 375 + 125 = 500 Now here is where it gets tricky. You need to know what % 12.5 is of 625 NOT 1000 (reread the question, what % of HIS money) (1000*125)/625 = 20 (1000*125)/625 = 200 not 20... however 125/625=0.2 =20% This is how I figured out 10% of Tim's money would go to his sister Say Tim = 1.25(Jane) = 25% more than Jane Say Tim = 75$ so, 75$ = 1.25(Jane) or 75/1.25 = Jane = 60$ The difference of the two is 75-60 = 15$ Split 15$ equally to get 15/2 = 7.5$ Percent wise, 7.5$ of 75$ total is 7.5/75 = 0.1 = 10% and 7.5$ of the total of all the money (135$) = 7.5/135 = 0.055 = 5.5% of the total inheritance. Therefore Tim = 75$-7.5$ = 67.5$ and Jane = 60$+7.5$ = 67.5$ Since the inheritance = 135$ then 135/2 = 67.5$ each. so they now have the same amount. P.S. Her name is Jane... Not Jill... Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) John should give Jane the amount left to her in his will. Then again, someone else will handle that since he's deceased. Edited August 11, 2010 by alphajonny Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) It depends on how you calculate 25% more but the percentage always changes depending on the dollar amount however you calculate it. For example, if you start with Jane's amount, say $1000, then 25% more of that would make John's amount $1250. However, if you start with John's amount, say it's the same $1250, then 25% LESS of that would make Jane's amount $937.50. Starting with John's inheritance at $1000, then Jane's would be $750, totaling $1750. To make it even, John must give Jane $125 so that they both end up with half of the total, or $875. In this case, $125 = 12.5%. However, if you start with Jane's inheritance at $1000, then 25% more would make John's $1250 and he'd have to give her 12.5% to make it even. Starting with Jane's inheritance at $800, then 25% more would be $1000. In this case, John would have to give Jane $100 or 10% to make it even. So, no matter how you calculate, the percentage changes depending on the dollar amount. Edited August 11, 2010 by GabrielDante Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 i got ten percent. and i suppose you meant tim, not john, as we all are confused by? Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 John isn't supposed to give a single penny to Jane. As for Tim, he should give 20% of what he got in order to make things even. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 10%, as follows: John got 25% more than Jane, ie, 5/4X, where X is what Jane got. X + 5/4X = 1, the total inheritance, so Jane got X=4/9 and John got 5/9 of the total. Half of the 1/9 excess John received must be given to Jane to make their inheritances equal. Half of 1/9 is 1/18. (1/18)/(5/9) = (1/18)/(10/18) = 1/10 = 10%. Tedious, but simple. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) edited to rethink this Edited August 11, 2010 by DrunkMonkey Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) Tim inherited 25% more money from his father than his sister, Jane. He wants to give her some fraction of his money so that both of them end up with exactly the same amount of inheritance. What percentage of his money should John give to Jane? Well let's say Tim and Jane each got $100..Tim got 25% more..this would bring him to $125..now if he wanted to make the received amount even this equation would have to be used: 125/1 - 100/1 = x x/2=j j = Amount given to Jane But, considering the riddle asks What percentage of John's money he should give away'; that would be up to John..and therefore we can't find a numerical answer for this question. Poor John..NO MONEY FOR YOU!!!! Edited August 11, 2010 by Brain Tickler Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 Tim inherited 25% more money from his father than his sister, Jane. He wants to give her some fraction of his money so that both of them end up with exactly the same amount of inheritance. What percentage of his money should John give to Jane? Good Luck Guys 12.5%12.5% Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 1o% Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 If he had $125 and she had $100 he would give her $12.5 to balance. This is 10% of his original sum Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 There are two possible anwers depending on how you read it One Possibility: If Jane receives x% then Tim receives x+25% x+x+25=100 Jane receives 37.5% Tim receives 62.5% Tim should give 12.5% of the original or 20% of what he received (12.5/62.5*100%=20%) to give them both 50%. Second Possibility If Jane receives x% then Tim receives 1.25x% x+1.25x=100 Jane receives 44.4444444% Tim receives 55.5555555% Tim should give 5.5555555% of the original or 10% of what he received (5.555555/55.55555555*100%=10%) to give them both 50%. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 The Problem with the 10% answer is that when you work out the Tim+25% method you are changing the percentage. Tim inherited 25% more money from his father than his sister, Jane. This reads to me: after its all said and done between them he has 25% more. 55.5% and 44.4% are not 25% apart. Which is why he receives 62.5% and Jane receives 37.5%. Where: x=Total inheritance given to Tim and Jane t=money given Tim j=money give Jane P=percent of "t" such that t-t(P)=j+t(P) These 2 equations must be satisfied under the constraints: x=t+j t=.25*x+j Putting them together: x=.25*x+2*j .75*x=2*j j=.375*x Thus t=.25*x+.375*x t=.625*x So: t-t(P)=j+t(P) t-j=2*t(P) j+.25*x-j=2*t(P) .25*x=2*t(P) .125*x=t(P) To find portion of Tim's inheritance: (.125*x)/(.625*t)=P Set x=100 12.5/62.5=P P=20.0% Check: t-t(P)=j+t(P) 62.5-12.5=37.5+12.5 50.0=50.0 So 12.5% of the inheritance or 20.0% of Tim's portion, although as mentioned earlier the question asks for John's percentage, so who knows. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted August 11, 2010 Report Share Posted August 11, 2010 (edited) Tim inherited 25% more money from his father than his sister, Jane. He wants to give her some fraction of his money so that both of them end up with exactly the same amount of inheritance. What percentage of his money should John give to Jane? Good Luck Guys because: Let's say X = amount of money Jane received Then the Amount of money Tim received = 1.25X (25% more) Let Y = amount of money to transfer from Tim to Jane to make equal amounts. X + Y = 1.25X - Y (add Y to Jane, subtract Y from Tim to get equal amounts) 2Y = .25X (Simplify) Y = .125X The amount to transfer is 12.5% ... of Jane's amount. The question asked for the percentage of Tim's amount. Percentage == (Amount transferred) / (Total of Tim's amount) Y / 1.25X (Substitute Variables for word problem) .125X/1.25X (Y = .125X, substitute that in) .1 ==> 10% (Reduce and simplify) Edited August 11, 2010 by abmoraz Quote Link to comment Share on other sites More sharing options...
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Tim inherited 25% more money from his father than his sister, Jane. He wants to give her some fraction of his money so that both of them end up with exactly the same amount of inheritance.
What percentage of his money should John give to Jane?
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